7, CHESTNUT CLOSE, CULGAITH, PENRITH, CA10 1QX - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CHESTNUT CLOSE is a very small semi-detached house of 89m², built sometime between 1996 and 2002. It was last sold for £170,000 in October 2013, which was around 35% below the average October 2013 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

7 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 7 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four 7 CHESTNUT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 31 OCT	£170,000	£263,082	35% below HPI
2005 8 APR	£173,000	£228,531	24% below HPI
2003 31 OCT	£139,500	£184,079	24% below HPI
2001 22 JUN	£90,750	£118,910	24% below HPI

7 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four 7 CHESTNUT CLOSE sales between June 2001 and October 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is 89m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Culgaith, based on EPC data. The below chart shows the distribution of detached houses by size in Culgaith, and where 7 CHESTNUT CLOSE lies on this distribution: 11% of detached houses are smaller than 7 CHESTNUT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

7 CHESTNUT CLOSE: Plot and Title Map

7 CHESTNUT CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 7 CHESTNUT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 CHESTNUT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is located in CULGAITH, in the CA10 postcode district. The below map shows the position of No. 7 on CHESTNUT CLOSE.